21
Mar
17:02
ArcelorMittal retains Essar interest following bid rejection reports
ArcelorMittal’s “… interest in Essar remains,” a spokesman for the world’s largest steelmaker tells Kallanish. This follows Indian media reports that Essar Steel’s lenders have rejected the resolution plan submitted by ArcelorMittal India.
The reports suggest that Essar Steel’s resolution professional, Satish Gupta, found ArcelorMittal's bid to be ineligible under Section 29A …
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Anonymous
Very good overview of the weekly steel market.
Anonymous